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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
AUD
- AUDUSD continue to lead against the USD in G10s.Despite keeping rates unchanged, the RBA noted positive signs in the Economy and Labour market.
- AUDUSD has recovered 1.48% from Friday's low, which was also the lowest print since 02/11/20.
- Good demand has been seen towards the 0.7000 figure, after it printed 0.6993 last Friday.
- Previously, the pair printed a 09691 low on the 02/11/20 and 0.7006 low on 25/09/20.
- AUDUSD is now testing initial resistance at 0.7099, Friday's high,
- Above the latter opens to 0.7120 and 0.7173
Chart source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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